Drop in Gold Continues in Delhi: Check Latest 22K, 24K & 18K Gold & Silver Rates Today on 16 March

Gold rates today in New Delhi extended their losing streak into the new week, with rates falling again on March 16, 2026, deepening last week's sharp correction just as the festive buying season approaches. The price of 24 Karat gold slipped to around Rs 15,930 per gram (down Rs 51), while 22 Karat gold eased to about Rs 14,605 per gram (down Rs 45).

In a weekly slide, gold has tumbled by roughly Rs 41,600 per 100 grams for 24K and about Rs 38,000 per 100 grams for 22K, dampening sentiment ahead of major festivals such as Eid, Ugadi, Gudi Padwa and the Hindu New Year.

The decline comes amid heightened global uncertainty, with oil markets turning volatile after the United States reportedly struck Iran's key oil-export hub at Kharg Island over the weekend, raising fears of supply disruptions and adding fresh turbulence to commodity markets.

Gold Rate Today: Check Latest 22K, 24K & 18K Gold Prices on 16 March 2026

24 Karat Gold Rate Today in Delhi

Gold prices in Delhi witnessed a fresh decline today. The price of 24 Karat gold stands at Rs 15,930 per gram, down by Rs 51 from yesterday's rate of Rs 15,981. For commonly purchased quantities, 8 grams of 24 Karat gold are priced at Rs 1,27,440, while 10 grams cost Rs 1,59,300, registering declines of Rs 408 and Rs 510 respectively.

The price of 100 grams has slipped to Rs 15,93,000, marking a notable drop of Rs 5,100 compared to the previous day.

22 Karat Gold Rate Today in Delhi

Similarly, 22 Karat gold rate today is Rs 14,605 per gram, lower by Rs 45 from yesterday's Rs 14,650. Buyers looking at standard jewellery weights will find 8 grams priced at Rs 1,16,840 on 16 March 2026 and 10 grams at Rs 1,46,050, down by Rs 360 and Rs 450 respectively.

Meanwhile, the cost of 100 grams of 22 Karat gold has eased to Rs 14,60,500, reflecting a decline of Rs 4,500 from the previous session.

18 Karat Gold Rate Today in Delhi

The 18 Karat gold rate on 16 March 2026 is Rs 11,953 per gram, down by Rs 36 compared to yesterday's Rs 11,989. 8 grams are available at Rs 95,624 and 10 grams at Rs 1,19,530, showing reductions of Rs 288 and Rs 360 respectively. For larger purchases, 100 grams of 18 Karat gold now costs Rs 11,95,300, which is Rs 3,600 lower than the earlier price.

Silver Rate Today: Check Latest Silver Prices Per Kg on March 16, 2026

Silver prices in Delhi declined today across all weight categories, reflecting weakness in the precious metals market. The price of silver is Rs 270 per gram, down by Rs 5 from yesterday's rate of Rs 275, indicating a modest day-to-day correction.

8 grams of silver are priced at Rs 2,160, while 10 grams cost Rs 2,700, showing decreases of Rs 40 and Rs 50 respectively compared to the previous session. This drop makes silver slightly more affordable for jewellery buyers and small investors.

100 grams of silver are available at Rs 27,000, down by Rs 500 from yesterday's Rs 27,500. Meanwhile, the price of 1 kilogram of silver has fallen to Rs 2,70,000, registering a significant decline of Rs 5,000.

"Gold and silver are likely to remain supported in the near term as geopolitical tensions, central-bank buying, and fiscal uncertainties continue to drive safe-haven demand. However, a stronger U.S. dollar and elevated bond yields may cap sharp upside moves. Gold is expected to trade with a positive bias, while silver could outperform due to its dual role as both a precious and industrial metal. Short-term volatility may persist, but dips are likely to attract strategic buying," said Mr. Prithviraj Kothari, MD at RiddiSiddhi Bullions Ltd., President of India Bullion and Jewellers Association Ltd.

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